The iPhone SDK Will Be Late — There's a week to go before Apple's commitment to release the iPhone Software Developers Kit in February runs out of room. I'm hearing from one source that its going to be late. I'm not yet hearing any reasons why, and it's sounding like the official release date …

Apple Hits Lowest Level Since June; New iPhone Worries — Apple (AAPL) shares are down sharply to their lowest level since June, as several analyst reports have triggered fresh concerns about the state of demand for iPhones and iPods. — Toni Sacconaghi, an analyst at Bernstein Research …

Social slowdown hitting Piczo hard — CNET News.com reporter Caroline McCarthy co-wrote this report. — Life is getting more difficult for social-networking sites. — At the same time Facebook's traffic appears to have reached a plateau, News.com has learned that Piczo …

The Wisdom of the Chaperones — DIGG, WIKIPEDIA, AND THE MYTH OF WEB 2.0 DEMOCRACY. — It's getting harder to be a Wikipedia-hater. The user-generated and -edited online encyclopedia—which doesn't even require contributors to register—somehow holds its own against the Encyclopedia Britannica …

Yahoo sued for spurning Microsoft — DOVER, Del. - Two Detroit pension funds have sued Yahoo Inc. and its board of directors, saying they breached their duties to shareholders in trying to thwart a takeover by Microsoft Corp. — The lawsuit was filed in Delaware Chancery Court on Thursday …

Yahoo sued again for saying ‘no’ to Microsoft — SAN FRANCISCO (MarketWatch) - With Microsoft Corp.'s bold bid to gobble up Yahoo Inc. in limbo, another group of Yahoo shareholders has sued the Internet company for the way it responded to the proposed marriage.

Facebook Targets FriendFeed; Opening Up The News Feed — Facebook is planning on allowing users to add activities from third party social networking site directly into their Facebook news feed, we've confirmed. The goal is to centralize all that activity in one place.

Digital downloads will be Blu-ray's downfall — With the fall of HD DVD, Blu-ray has assumed the throne as the next format of choice, but its reign will be short-lived. — Blu-ray won't enjoy the same decade-long dominance DVD did after it succeeded VHS. But that's not because there will be other challenger physical disc formats.

Home is “best-looking multiplayer world” — Creative director hits out at “garish” and “hardcore” online experiences — The creative director of Sony's Home project has told GamesIndustry.biz in an exclusive interview to be published in full next week that he believes …

Facebook insists UK traffic is rising — Photo: Jacob Bøtter on Flickr. Some rights reserved. — Facebook has retaliated against the story based on comScore stats that show the site losing unique users during January. — The site insists user numbers are still growing the UK …

Japanese first to pull HD DVD entirely from stores — Not willing to wait until the official shutdown of production in March, Japanese retail shops are already pulling all their HD DVD drives and movies off of shelves, according to reports. Although less than a week after Toshiba's withdrawal …

Facebook Adds Flash... Am I Excited? — With the usual fever that Facebook causes news of its flash application, via Facebook Pages, is all the buzz on the blogs and tech journals the past couple of days. Most of the blogs are preaching the praise of this move and I have to agree, for the most part.